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More than a year after the pandemic, how has the real estate market in Italy responded?

How has the real estate market changed after the outbreak of the pandemic and what are the emerging trends in the sector.

The residential sector has shown resilience, analysts say, especially in terms of transaction volume recovery.

Already in the fourth quarter of 2020, there was an increase in trading by almost 9% compared to 2019; this happened both in the capitals and beyond. Experts expect a similar trend throughout 2021, based on the strong demand that is growing in Italian cities for real estate. This prospect is likely related to strong growth in private savings, attention to housing during the pandemic, and the availability of mortgage concessions from lending institutions.

In general, as in all sectors, there is an acceleration in the digitization process, bringing benefits to platforms such as Casavo, which can simplify the user experience through technology by reducing physical contact.

 

Compared to other sectors, real estate is still little digitized and most activities are still carried out in the traditional way, often not in line with the current needs of consumers and market operators. As a result, the opportunities are enormous, and the current trends represent only the first step towards more promising changes that will affect all aspects of the real estate market.

Recently, we have seen many trends and technology investments in this regard: e-home sales, alternative forms of financing for buyers, community-driven platforms, real estate investment openings aimed at savers, management software, data analytics aimed at operators sector.

 

Яндекс.Метрика